CalBank PLC (Ghana Stock Exchange: ‘CAL’) announces its Unaudited Half Year 2023 Results.

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The Highlights of the Group’s Half Year 2023 results (y/y) are              

 Profit & Loss

  • Net Fees and Commissions Income increased by 26.76%
  • Net Interest Income decreased by 8.05%
  • Operating expenses increased by 24.85%

Balance Sheet

  • Total Assets decreased marginally by 3.01 %
  • Net Loans & Advances to Customers increased by 20.14%
  • Total Deposits increased by 24.71%.
  • Capital Adequacy ratio decreased from 17.00% to 7.10%
  • NPL Ratio increased from 9.00% to 12.00%

Shareholder Ratios

  • ROAA decreased from 2.70% to 2.30%
  • ROAE increased from 20.1% to 23.7%

For the full version of the Half Year-2023 Results, please click on the link below:

CalBank-HY-2023-Unaudited-Consolidated-Financial-Statements

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